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Technology Stocks : About.com (BOUT) -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (347)1/27/2000 10:56:00 PM
From: Glenn Petersen  Read Replies (1) | Respond to of 438
 
Assuming that they have not cashed in their options, the guides are sitting on gains in excess of $10.4 MM. For the original prospectus:

"Mining Co has granted fully vested, non-qualified stock options to purchase 200,000 shares of common stock to a substantial majority of its guides. The exercise price per share of these options is $25.00 and the options have two year terms."



To: Susan G who wrote (347)2/1/2000 12:51:00 AM
From: White Shoes  Read Replies (2) | Respond to of 438
 
Stock options aside, the BOUT annual report says that guides are paid as a percentage of the revenues generated in their area. So it's a low-risk structure for the company. At worst they pay them a small cash minimum.

According to one guide I am in contact with, BOUT has ambitious plans for hiring and growth in the coming year.


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